£231,483
This estimated value is based upon the latest sale price for the house of £186,000 on 1 Mar 2019. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £186,000 | 1 Mar 2019 |
| £133,000 | 7 Dec 2018 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 sq feet |
This model uses changes in the Official Land Registry House Price Index for MEDWAY to estimate the market value.
When this house was purchased in March 2019 the House Price Index for MEDWAY was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.453%.Applying this 24.453% change to the original purchase price of £186,000 results in an estimated price of approximately £231,483.
| 1 Mar 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.453 % | £186,000 | £45,483 | £231,483 |
The Postcode Pricing Model uses changes in average sales price within the ME5 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 48.822 % | £90,808 | £276,808 |
| 3 Month Average | 16.571 % | £30,821 | £216,821 |
| 6 Month Average | 15.177 % | £28,228 | £214,228 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £273,401 | £265,000 | 14 MAYWEED AVENUE |
| 6 Oct 2023 | £230,229 | £225,000 | 11 GENTIAN CLOSE |
| 27 Sep 2023 | £347,664 | £340,000 | 2 LARKSPUR ROAD |
| 31 Aug 2023 | £224,041 | £220,000 | 1 HONEYSUCKLE CLOSE |
| 23 Jun 2023 | £298,992 | £293,000 | 57 YARROW ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 20 Dec 2018. Using an estimated price of £231,483 means this house is valued at £3,128 per sq meter (£290 per sq foot).
The average size of a house on GENTIAN CLOSE is 81 sq meters (876 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Larkspur Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Larkspur Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Larkspur Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mayweed Avenue |
| Apr 2024 | Theft from the person | Unable to prosecute suspect | On or near Mayweed Avenue |